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Experts including Sal Mercogliano, a maritime historian at Campbell University in North Carolina and a former merchant ...
Crude futures were lower and ING said the market’s biggest fear is the Strait of Hormuz shutting down, with significant disruption to oil flows sufficient to push prices to $120 a barrel.
The Emirati national guard says it has evacuated 24 people from an oil tanker after a collision between two ships just east ...
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Conflict between Israel and Iran has rekindled fears of a disruption to a narrow waterway key to the global economy.
Iran’s steps could include blocking the Strait of Hormuz, quitting a nuclear treaty and launching attacks on Israeli tourists.
Located between Oman and Iran, the Strait of Hormuz is the world's most important access route for oil transportation.
European natural-gas prices continued to climb and Qatar asked LNG vessels to wait outside the Strait of Hormuz until they were ready to load due to rising tensions in the region, according to a ...